Author: Newsdesk

GRANT, FL., Nov. 19, 2020 (GLOBE NEWSWIRE) — via InvestorWire – Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) (“Kaival Brands,” the “Company,” or “we”), is the exclusive global distributor of products manufactured by Bidi Vapor, LLC (“Bidi Vapor”). Bidi Vapor’s primary offering, the Bidi^TM Stick, is the fastest-growing closed system vaping product in the U.S. The tamper-proof Bidi^TM Stick is also the only vape product on the market with an, ecologically friendly, mass recycling program. Kaival Brands also recently launched Bidi Vapor’s Bidi^TM Pouch, a tobacco-free nicotine pouch.

Throughout 2020, Kaival Brands has significantly increased the distribution of Bidi^TM Stick products through national retailers Most notably, Kaival Brands anticipates that by the end of 2020, it will have expanded the presence of Bidi Vapor products in Circle K stores from more than 2,000 stores to more than 5,000 stores. Concurrent with the Circle K rollout, Kaival Brands has secured commitments to add thousands of new retail locations beginning in December through January 2021 from several top tier c-store partners including 7-ELEVEN, resulting in an overall 30,000 store nationwide rollout.

In addition to a presence in brick and mortar stores, the Company is also tapping into the growing digital delivery sphere. Bidi Vapor products are available on the digital delivery service app “GoPuff.” With this partnership, products will be accessible via the app in more than 50 cities across America.

The unrivaled Bidi Vapor experience coupled with significant store growth has led to explosive revenue growth throughout the 2020 fiscal year. Kaival Brands’ revenue for the three and six months ended April 30, 2020, exceeded $22 million.  In the third quarter of 2020, revenues were approximately $32 million, representing revenue growth of approximately 44%, as compared to the second quarter of 2020. Chief Executive Officer Niraj Patel is optimistic about Kavial Brand’s continued growth stating, “Demand for the Bidi^TM Stick, along with new store commitments, has led to pre-sale numbers for November 2020 that are higher than total revenue reported for the second quarter of 2020. The quality of the Bidi^TM Stick, our stewardship of the environment, and our strict compliance process around minors has created a loyal customer base.”

When discussing the current market capitalization versus current revenue, Patel stated, “We believe given our revenue and growth profile that our market capitalization represents a lack of appreciation and understanding of Kavial Brands and the Bidi Vapor brand in the public market. We are taking steps to remedy what we perceive as a profound mismatch and will continue to update the investor community of significant developments.”

Learn more about Kaival Brands Innovations Group, Inc., at www,kaivalbrands.com.

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Kaival Brands Innovations Group, Inc., is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets.
Our vision is to develop internally, acquire, own, or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation.

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Forward-Looking Statements

This press release includes statements that constitute “forward-looking statements” within the meaning of federal securities laws, which are statements other than historical facts that frequently use words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “position,” “should,” “strategy,” “target,” “will,” and similar words. All forward-looking statements speak only as of the date of this press release. Although we believe that the plans, intentions, and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions, or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such statements. Our business may be influenced by many factors that are difficult to predict, involve uncertainties that may materially affect results, and are often beyond our control. Factors that could cause or contribute to such differences include, but are not limited to, the duration and scope of the COVID-19 pandemic and impact on the demand for the products we distribute; the actions governments, businesses, and individuals take in response to the pandemic, including mandatory business closures and restrictions on onsite commercial interactions; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that we could take to reduce operating costs; our inability to generate and sustain profitable sales growth; circumstances or developments that may make us unable to implement or realize anticipated benefits, or that may increase the costs, of our current and planned business initiatives; changes in government regulation or laws that affect our business; and those factors detailed by us in our public filings with the Securities and Exchange Commission. All forward-looking statements included in this press release are expressly qualified in their entirety by such cautionary statements. Except as required under the federal securities laws and the Securities and Exchange Commission’s rules and regulations, we do not have any intention or obligation to update any forward-looking statements publicly, whether as a result of new information, future events, or otherwise.

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For more information, please contact 833-4-KAIVAL or email us at [email protected].

Investor Relations:

Inflection Partners, LLC
New York | Philadelphia | New Orleans
www.inflectionpartnersllc.com
Office: (504) 381-4603
[email protected]

Media:

Inflection Partners, LLC
New York | Philadelphia | New Orleans
www.inflectionpartnersllc.com
Office: (504) 381-4603
[email protected]

Corporate Communications:

InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]

VACAVILLE, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — The City of Vacaville, which last month unveiled plans for the next generation of development of its world-class biomanufacturing cluster, has created a Fast Track program to streamline new biotechnology projects in the city.

The policy seeks to support economic development in line with its biotech strategy by prioritizing the review of these projects, providing a central point of contact for them, and processing entitlement in 90-100 days from submission of applications to land use approvals. The City of Vacaville’s Planning Commission unanimously endorsed the policy during its November 17 meeting.

“Our staff has deep experience working with the biotechnology industry,” said Vacaville Mayor Ron Rowlett. “As we work to grow our biomanufacturing sector, this program will ensure that this is as fast and frictionless a process as possible for companies looking to locate and expand in Vacaville.”

Vacaville, located 50 miles northeast of San Francisco along Interstate 80 between the University of California Berkeley and Davis campuses, has been a center for biomanufacturing since the 1980s. It gained recognition as a leading biotechnology center in 1994, when Genentech acquired land for its biologics manufacturing facility there. Today, the facility is among the largest biotech drug manufacturing complexes in the world.

Last month, the city announced plans to expand its biomanufacturing cluster by identifying 300 acres of land adjacent to existing facilities for the development of new biomanufacturing facilities. It expects the expansion will lead to more than $2 billion in industrial development, 3.5 million square feet of commercial real estate, and the addition of 10,000 jobs with a payroll of more than $1 billion a year.

As part of the Fast Track program, specific staff from various departments will be assigned to each project. To ensure a speedy permit review, building officials will work directly with projects’ design and construction teams. The city will also assign a dedicated building inspector to perform all inspections, act as a primary contact for inspection-related requests and serve as a contact for post-approval support.

“The Fast Track program reflects Vacaville’s ongoing commitment to work with the biotech industry to grow biomanufacturing in the city,” said Robert Macaulay, chairman of the Vacaville Planning Commission. “This is a commitment that is shared by the commission, city staff, and leadership.”

CONTACT
Daniel Levine
Levine Media Group
[email protected]
(510) 280-5405

WASHINGTON, Nov. 19, 2020 (GLOBE NEWSWIRE) — Today, UNCF (United Negro College Fund) and the Panda Cares Foundation^®, the philanthropic arm of Panda Express^®, announced the winners of the 2020 Panda Cares Scholars Program, a three-year renewable scholarship and professional development program. Students from colleges and universities across the nation, representing 32 states and the District of Columbia, are directly funded by Panda Express guests through the in-store donation program. Students selected for the Panda Cares Scholars Program are eligible to receive renewable scholarships up to $3,500, $5,000 and $7,000 in support of their college sophomore, junior and senior years of college, respectively, to help offset the costs of their college education. The 2020 Panda Cares Scholars include 350 students in underserved communities selected based on their academic achievement, strong leadership skills and their commitment to community service.

In 2018, Panda Cares Foundation partnered with UNCF to develop the Panda Cares UNCF Scholars Program, which currently administers renewable scholarships up to $2,500 to 400 students. In addition to education expenses support, the students in the program receive professional development opportunities intended to prepare them for early career success.

“Increases in college tuition can leave students with overwhelming student loan debt or can deter students from completing their education, despite their willingness to do so,” said Dr. Michael Lomax, president and CEO, UNCF. “Our partnership with the Panda Cares Foundation is helping overcome obstacles for many students who would otherwise face major hardships earning their college degrees—especially in light of the current health pandemic. We’re very thankful for the foundation’s generous contributions which have enabled UNCF to expand this program and give many more students the finances and tools they need to excel and succeed.”

The partnership has expanded to include two additional programs: The Panda Cares First-Year Scholars Program and the Panda Cares Scholars Program—both designed to provide students with financial assistance and the necessary tools to adequately prepare them for leadership in the 21^st century workforce. The scholarship program accepts students from various majors including Engineering, Computer Science and Public Health.

“We would like to congratulate this year’s well-deserved scholarship winners of the Panda Cares Scholars Program,” said Dr. Peggy Cherng, Co-Founder and Co-CEO of Panda Express. “At Panda, serving others is our business, whether it’s in our restaurant or out in our local communities, and this scholarship was created with UNCF to support those who demonstrate the same commitment. Together, these leaders of the future will undoubtedly make a big impact on the communities they touch and uplift our society as a whole.”  

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About UNCF

UNCF (United Negro College Fund) is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. UNCF institutions and other historically black colleges and universities are highly effective, awarding nearly 20% of African American baccalaureate degrees. Today, UNCF supports more than 60,000 students at more than 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized motto, “A mind is a terrible thing to waste.”^® Learn more at UNCF.org, or for continuous updates and news, follow UNCF on Twitter at @UNCF.

About Panda Express®

On a mission to inspire better lives, Panda Express® is the largest Asian dining concept in the U.S. Family-owned and operated since 1983 by co-founders and co-CEOs Andrew and Peggy Cherng, Panda Express is best known as a trailblazer for creating a wide variety of industry-first recipes, including its best seller the Original Orange Chicken® and award-winning Honey Walnut Shrimp™, which have defined the category of authentic American Chinese cuisine. Each dish at Panda Express is thoughtfully crafted with quality ingredients and inspired by bold Chinese flavors and culinary principles. The restaurant brand has more than 2,200 locations and has introduced American Chinese cuisine to twelve international countries. Powered by this global family of associates,

Panda Cares

®, Panda’s philanthropic arm, has raised more than $216 million and dedicated countless volunteer hours in bettering the health and education for over 12 million youths, as well as supporting communities in need since 1999. In 2020, the organization established the Panda Cares Scholars Program to provide the necessary funding, academic support and leadership development to help high school and college students learn, lead and thrive towards a bright future. For more information about Panda, visit pandaexpress.com, or find us on Facebook, Twitter or Instagram.

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Golar LNG Limited (NASDAQ: GLNG) from April 24, 2020 through September 24, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Golar LNG Limited investors under the federal securities laws.

To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) certain employees, including Hygo’s CEO, had bribed third parties, thereby violating anti-bribery policies; (2) as a result, the Company was likely to face regulatory scrutiny and possible penalties; (3) as a result of the foregoing reputational harm, Hygo’s valuation ahead of its IPO would be significantly impaired; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you wish to serve as lead plaintiff, you must move the Court no later than November 23, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1410  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
[email protected]  

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Tactile Systems Technology, Inc. (NASDAQ:TCMD) from May 7, 2018 through June 8, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Tactile Systems Technology, Inc. investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than November 30, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: while Tactile publicly touted a $4 plus billion or $5 plus billion market opportunity, in truth, the total addressable market for Tactile’s medical devices was materially smaller; to induce sales growth and share gains, Tactile engaged in illegal sales and marketing activities; and Tactile’s revenues were in part the product of unlawful conduct and thus unsustainable.

If you wish to serve as lead plaintiff, you must move the Court no later than November 30, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1410  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
[email protected]  

SANTA CLARITA, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — Racism, a deep-seated issue within the United States, is still proving to be a threat to U.S. citizens and their civil liberties. Inspired by the Black Lives Matter Movement and extraordinary Black authors such as Patrisse Cullors and Ibram X. Kendi, author Chris Valentine has published his debut historical book, “A (very brief) History of Systemic Racism: A Glimpse into Oppression, Inequity, and Inequality of Black People in the United States of America.” This educational resource looks at hundreds of years of institutional and structural racism, breaking it down into a concise series of events, laws, restrictions, policies and practices that have led the United States of America to where it is today. 

With the help of two BIPOC, illustrations by 15-year old Joel Perez and foreword by Dr. CheyOnna Sewell, Ph.D., Valentine explains how racism is a non-partisan issue that continually proves to be a problem for many people of color throughout the United States’ history. The book presents historical facts about how racism has been built into the foundation of this country from employment to housing and education to criminal justice. Valentine fosters that the journey toward anti-racism begins by educating and understanding the history of oppression, inequity and inequality of marginalized and underrepresented people in the United States.

Valentine believes it important to listen and teach others using facts and data rather than presuming to know the emotions of the oppressed people who are experiencing discrimination. This book serves as an introduction to a variety of the different systems of oppression with the hopes that people will use its easy-to-follow format to begin their educational journey about systemic racism and ultimately continue learning and listening from other resources. Valentine hopes this book will spark conversation and get more anti-racist allies to join the fight against inequality.

To continue the conversation and find resources on how to help fight racism, please visit www.thechrisvalentine.com.

“A (very brief) History of Systemic Racism:

 A Glimpse into Oppression, Inequity, and Inequality of Black People in the United States of America”

By Chris Valentine

ISBN: 9781665500081 (softcover); 9781665500098 (electronic)

Available at Amazon, Barnes & Noble and AuthorHouse

About the author

As a data analyst by day and artist by night Chris Valentine has a unique ability to take overwhelming amounts of information and break it down into small bits that fit nicely together to tell a complete story. He cares deeply about fighting discrimination based on peoples’ fundamental essence. Valentine is a cis-gender, white, gay man who is heartbroken, angry and sick over the inequities perpetrated against people every day. As he continues his anti-racist journey, he hopes to help others start or continue their journeys too. To learn more, please visit Valentine’s Instagram or Facebook.

About the author of the foreword

Dr. CheyOnna Sewell, Ph.D., is a Black, queer, femme, mother, and teacher with a Ph.D. in Criminology and Criminal Justice. She teaches criminology specifically around race and gender. Dr. Sewell is also the co-founder of The Yarn Mission, a “collective that knits for Black Liberation” through centering Black folx, being a Black-led organization, supporting Black creators, fundraising for their community and fighting for marginalized groups and individuals.

AuthorHouse, an Author Solutions, Inc. self-publishing imprint, is a leading provider of book publishing, marketing, and bookselling services for authors around the globe and offers the industry’s only suite of Hollywood book-to-film services. Committed to providing the highest level of customer service, AuthorHouse assigns each author personal publishing and marketing consultants who provide guidance throughout the process. Headquartered in Bloomington, Indiana, AuthorHouse celebrates over 23 years of service to authors. For more information or to publish a book visit authorhouse.com or call 1-888-519-5121.

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• A (very brief) History of Systemic Racism